Titan International (TWI) Operating Margin (2010 - 2026)
Titan International (TWI) posted quarterly Operating Margin of 2.75% for Q2 2026, up 54.0% year-over-year from 1.78% in Q2 2025, and up 200.63% quarter-over-quarter from 2.73% in Q1 2026.
Titan International (TWI) Operating Margin (2010 - 2026) Analysis & Trends
Titan International (TWI) has reported Operating Margin for 17 consecutive years, with 2.75% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin rose 54.0% year-over-year to 2.75%; the TTM figure through Jun 2026 stood at 0.09% (down 52.0% YoY), while the FY2025 annual figure was 1.14%, down 66.0% from the prior year.
- Operating Margin grew to 2.75% in Q2 2026 per TWI's latest filing, from 2.73% in the prior quarter.
- Across five years, Operating Margin topped out at 12.17% in Q2 2022 and bottomed at 4.44% in Q4 2024.
- Historically, Operating Margin has averaged 4.39% across 5 years, with a median of 4.7% in 2024.
- Annual changes were most pronounced in 2022 — Operating Margin jumped 676 bps — and 2024, when it tumbled 975 bps.
- Titan International's Operating Margin stood at 8.02% in 2022, then slumped by 34 bps to 5.31% in 2023, then sank by 184 bps to 4.44% in 2024, then jumped by 40 bps to 2.67% in 2025, then surged by 203 bps to 2.75% in 2026.
- Business Quant data shows TWI's Operating Margin at 2.75% in Q2 2026, 2.73% in Q1 2026, and 2.67% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 382.71 Bn | 376.00 Bn | 7.76 Bn | 20.91% |
| 2 | Deere | 173.65 Bn | 165.74 Bn | 13.06 Bn | 16.73% |
| 3 | Paccar | 69.27 Bn | 60.60 Bn | 1.56 Bn | -61.85% |
| 4 | CNH Industrial | 14.69 Bn | 12.82 Bn | 1.41 Bn | 13.66% |
| 5 | Oshkosh | 9.84 Bn | 9.43 Bn | 480.30 Mn | 8.34% |
| 6 | Agco | 7.67 Bn | 7.10 Bn | 645.90 Mn | 5.39% |
| 7 | Terex | 7.57 Bn | 7.16 Bn | 444.00 Mn | 8.36% |
| 8 | Blue Bird | 2.15 Bn | 2.03 Bn | 103.37 Mn | 12.12% |
| 9 | Alamo | 1.99 Bn | 1.79 Bn | 110.86 Mn | 10.15% |
| 10 | Titan International | 460.35 Mn | 280.56 Mn | 74.92 Mn | 2.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.75% |
| Mar 31, 2026 | -2.73% |
| Dec 31, 2025 | -2.67% |
| Sep 30, 2025 | 2.09% |
| Jun 30, 2025 | 2.20% |
| Mar 31, 2025 | 2.40% |
| Dec 31, 2024 | -4.44% |
| Sep 30, 2024 | 0.63% |
| Jun 30, 2024 | 4.19% |
| Mar 31, 2024 | 5.20% |
| Dec 31, 2023 | 5.31% |
| Sep 30, 2023 | 6.71% |
| Jun 30, 2023 | 9.54% |
| Mar 31, 2023 | 10.05% |
| Dec 31, 2022 | 8.02% |
| Sep 30, 2022 | 9.51% |
| Jun 30, 2022 | 12.17% |
| Mar 31, 2022 | 8.04% |
| Dec 31, 2021 | 4.99% |
| Sep 30, 2021 | 5.08% |